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Tibetan treasure leads the pack in Michaan’s Auctions by the Bay August estate sale

Asian works of art, jewelry, fine art, furniture and decorative arts also realized great prices at Michaan’s most recent auction sale.

A palpable energy filled the auction room as lot 361 came up for auction. The bidding opened for the Tibetan bronze at $300, but the bidding quickly rose into the five-figure range. When the bidding had finished, the Yamataka likeness sold for the incredible price of $25,740, well in excess of its presale expectations. Alan Michaan, President of Michaan’s Auction by the Bay, couldn’t be happier: “We are thrilled with the outcome of this auction. It is gratifying to see that our sales are attracting a diverse and international buyer base. This was noticeably evident with the buzz on the auction room floor.”

This sale also included a wonderful Portfolio of sixteen offset lithographs including works by Richard Diebenkorn, Frank Lebdell, Walter Kuhlman and others. This portfolio came from a private collector and sold for $3,510 against a presale estimate of $2,000-$3,000.

Michaan’s Auction by the Bay’s next estate auction will be held Sunday, Sept. 7 at Noon. All offerings will be available for viewing at the free public preview held Friday, Sept. 5 and Saturday, Sept. 6 from 10 a.m.-5 p.m., as well as the day of the sale from 9 a.m. to the end of the auction.

Michaan’s Auctions By the Bay, Inc. was formed as the sister company to the highly successful Antiques By the Bay, Inc. which promotes the monthly Alameda Point Antiques and Collectibles Faire on the Eastern shore of the San Francisco Bay.